China, Mercosur eye 200-billion-USD trade in 2016

 MENDOZA, Argentina, June 29 (Xinhua) -- China and South American trading bloc¹ Mercosur pledged here Friday to further promote economic cooperation and trade and to lift bilateral² trade to 200 billion U.S. dollars in 2016.

The target was announced in a joint³ statement between China and Mercosur, or the Common Market of the South, which was released during the 43rd Mercosur summit that concluded here on Friday.

In order to achieve the goal, the two sides will continue to make concerted efforts to diversify⁴ their trade and raise the trade volumes between China and Mercosur members in a balanced manner, said the statement.

Meanwhile, China and and Mercosur agreed to facilitate two-way investments and pursue cooperation conducive⁵ to enhancing the capabilities⁶ of their respective financial institutions.

They will also boost information exchanges on laws, regulations and policies related to their economic cooperation and trade, according to the joint statement.

While vowing⁷ to step up cooperation in multilateral frameworks, the two sides expressed their worries about the impasse⁸ in the Doha round of World Trade Organization talks, and called for the continuation of negotiations⁹.

The Doha talks should strive to produce an ambitious, comprehensive and balanced agreement that takes into account the interests and needs, especially those in the agricultural sector¹⁰, of developing countries, they said in the statement.

In addition, the two sides agreed to convene¹¹ a meeting of government representatives between China and Mercosur members and to organize training courses and symposiums as well as other cooperation programs so as to implement¹² the joint statement.

They also expressed shared concern over the uncertainty¹³ and instability of the global economic situation stemming from the crises in developed economies, and pledged to jointly¹⁴ fight trade protectionism and guarantee the predictability of multilateral trade systems.

Established in 1991, Mercosur has four full members -- Argentina, Brazil, Paraguay and Uruguay. Paraguay was not allowed to attend the Mendoza summit after its membership was suspended due to the impeachment¹⁵ of Paraguayan President Fernando Lugo.

Chinese Ambassador to Argentina Yin Hengmin took part in the summit on behalf of the Chinese government, marking the first time that China was invited to attend a Mercosur summit.

Yin said China's attendance in the meeting and the release of the Sino-Mercosur joint statement demonstrated a new development stage of ties between the two sides and served as a milestone¹⁶ in China-Latin America relations.

1 bloc   

n.集团；联盟

参考例句：

• A solid bloc of union members support the decision.工会会员团结起来支持该决定。
• There have been growing tensions within the trading bloc.贸易同盟国的关系越来越紧张。

2 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

3 joint   

adj.联合的，共同的；n.关节，接合处；v.连接，贴合

参考例句：

• I had a bad fall,which put my shoulder out of joint.我重重地摔了一跤，肩膀脫臼了。
• We wrote a letter in joint names.我们联名写了封信。

4 diversify   

v.（使）不同，（使）变得多样化

参考例句：

• Our company is trying to diversify.我们公司正力图往多样化方面发展。
• Hills and woods diversify the landscape.山陵和树木点缀景色。

5 conducive   

adj.有益的，有助的

参考例句：

• This is a more conducive atmosphere for studying.这样的氛围更有利于学习。
• Exercise is conducive to good health.体育锻炼有助于增强体质。

6 capabilities   

n.能力( capability的名词复数 )；可能；容量；[复数]潜在能力

参考例句：

• He was somewhat pompous and had a high opinion of his own capabilities. 他有点自大，自视甚高。 来自辞典例句
• Some programmers use tabs to break complex product capabilities into smaller chunks. 一些程序员认为，标签可以将复杂的功能分为每个窗格一组简单的功能。 来自About Face 3交互设计精髓

7 vowing   

起誓，发誓（vow的现在分词形式）

参考例句：

• President Bush is vowing to help Minneapolis rebuild its collapsed bridge. 布什总统承诺将帮助明尼阿波利斯重建坍塌的大桥。
• President Bush is vowing to help Minneapolis rebuild this collapse bridge. 布什总统发誓要帮助明尼阿波利斯重建起这座坍塌的桥梁。

8 impasse   

n.僵局；死路

参考例句：

• The government had reached an impasse.政府陷入绝境。
• Negotiations seemed to have reached an impasse.谈判似乎已经陷入僵局。

9 negotiations   

协商( negotiation的名词复数 )； 谈判； 完成（难事）； 通过

参考例句：

• negotiations for a durable peace 为持久和平而进行的谈判
• Negotiations have failed to establish any middle ground. 谈判未能达成任何妥协。

10 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

11 convene   

v.集合，召集，召唤，聚集，集合

参考例句：

• The Diet will convene at 3p.m. tomorrow.国会将于明天下午三点钟开会。
• Senior officials convened in October 1991 in London.1991年10月，高级官员在伦敦会齐。

12 implement   

n.(pl.)工具，器具；vt.实行，实施，执行

参考例句：

• Don't undertake a project unless you can implement it.不要承担一项计划，除非你能完成这项计划。
• The best implement for digging a garden is a spade.在花园里挖土的最好工具是铁锹。

13 uncertainty   

n.易变，靠不住，不确知，不确定的事物

参考例句：

• Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
• After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。

14 jointly   

ad.联合地，共同地

参考例句：

• Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。
• She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。

15 impeachment   

n.弹劾；控告；怀疑

参考例句：

• Impeachment is considered a drastic measure in the United States.在美国，弹劾被视为一种非常激烈的措施。
• The verdict resulting from his impeachment destroyed his political career.他遭弹劾后得到的判决毁了他的政治生涯。

16 milestone   

n.里程碑；划时代的事件

参考例句：

• The film proved to be a milestone in the history of cinema.事实证明这部影片是电影史上的一个里程碑。
• I think this is a very important milestone in the relations between our two countries.我认为这是我们两国关系中一个十分重要的里程碑。